History (1994): Storage Computer Bought Vermont Research

Storage Computer (Nashua, NH) has bought Vermont Research, a producer of solid state disks.

Vermont’s operations, in North Springfield, VT, will be transferred to Nashua.

Frederick Chaloux, president at Vermont Research, will be CEO of the New Hampshire company.

The UK activities in Leatherhead, Surrey, will operate as a subsidiary of Storage Computer.

At the beginning of the year, the company, a RAID manufacturer, received $4.2 million in equity financing from a Japanese group led by Technography Inc. (Tokyo, Japan).

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue 82, published on November 1994.